By Tracy Brown Hamilton January 19, 2024 The European Union’s competition watchdog appears set to thwart Amazon’s $1.4 billion acquisition of the robot vacuum maker iRobot, according to sources connected to the Wall Street Journal. This has triggered a sharp decline of almost 40% in the stock shares of the Roomba vacuum manufacturer, which … Continue reading iRobot stock tumbles on report that the EU may block Amazon’s acquisition of Roomba maker
Amazon is buying iRobot, the creator of the Roomba robot vacuum Jon Fingas @jonfingas Amazon just took a big step toward cornering the market for household robots. The company has reached a deal to acquire iRobot, the creator of Roomba robot vacuums. The purchase is worth $1.7 billion in cash and will … Continue reading Amazon’s iRobot purchase is under investigation by European authorities
By Jared Newman August 05, 2022 The tech world is about to lose another independent hardware company with Amazon’s planned acquisition of iRobot, whose Roombas pioneered the robot vacuum business two decades ago. The deal is valued at $1.7 billion, and cofounder Colin Angle will retain his role of iRobot CEO … Continue reading Amazon’s acquisition of iRobot is a profound bummer
